Profit-taking and weaker commodity prices have pushed the local share market lower, while surprise price growth revealed a speed bump in Australia's disinflation road.
The Crown Perth board has appointed former WA treasurer Ben Wyatt as the incoming chair of the casino, hotel and entertainment business and promoted its financial chief to the top role.
Global markets climbed and the euro rallied after US President Donald Trump kicked his threat to slap 50 per cent tariffs on European Union goods into July.
Australian shares have finished the week higher, buoyed by a Reserve Bank interest rate cut but with global risks putting a lid on investor exuberance.
Australian shares have rallied after the Reserve Bank announced a widely expected interest rate cut, which will provide relief to thousands of businesses.